ICICI Bank HPCL Platinum Credit Card
Joining Fee
Renewal Fee
Best Suited For
Reward Type
Welcome Benefits
Movie & Dining
Rs. 100 off on bookings movie tickets via BookMyShow (can be availed max twice in a month), minimum 15% savings on dining through ICICI Bank Culinary Treats Programme.
Rewards Rate
2 Reward Points per Rs. 100 you spend with the card
Reward Redemption
1 Reward Point = Rs. 0.25 for redemption against the card’s statement balance or gifts.
Travel
2 complimentary airport lounge visits outside India and 2 spa sessions at selected airports in India every year through complimentary Dreamfolks membership
Domestic Lounge Access
N/A
International Lounge Access
2 complimentary airport lounge visits outside India
Golf
N/A
Insurance Benefits
N/A
Spend-Based Waiver
The renewal fee can be waived on spending Rs. 50,000 or more in the preceeding year.
Rewards Redemption Fee
Rs. 99 on every redemption request.
Foreign Currency Markup
3.50% on all foreign currency spends
Interest Rates
3.40% per month (or 40.8% annually)
Fuel Surcharge
1% fuel surcharge waiver at all HPCL pumps for transactions up to Rs. 4,000.
Cash Advance Charges
2.5% of the transaction amount or Rs. 300 (whichever is higher).
- 2 Reward points per Rs. 100 you spend on all retail purchases except fuel.
- 2.5% cashback on fuel purchases at HPCL pumps (maximum cashback of Rs. 100).
- Exclusive dining offers and a minimum discount of 15% on dining bills at partner restaurants with ICICI Bank Culinary Treats Program.
- Card renewal fee is waived on spending Rs. 50,000 in the previous year.
ICICI Bank HPCL Platinum Credit Card Rewards
- 2 Reward points on spending Rs. 100 on all retail spends except fuel.
- 2.5% cashback (up to Rs. 100) on all fuel transactions at HPCL pumps on swiping the card through ICICI merchant services swipe machines.
Rewards Redemption:
- The Reward Points earned are redeemable for fuel purchases at HPCL filling stations. 2,000 Reward Points = Rs. 500 worth of fuel.
- The cardholders can also redeem their earned points against their card’s outstanding balance or against a gift at a rate of 1 RP = Re. 0.25.
Annual Renewal Fee Waiver
The annual fee of Rs. 199 can be waived if you spend Rs. 50,000 or more in the preceding year.
Dreamfolks Membership Programme
2 complimentary airport lounge visits outside India and 2 spa sessions at selected airports all over India every year through complimentary Dreamfolks membership. (The USD 99 annual membership fee for the Dreamfolks Programme is complimentary)
Dining and Movie Benefits
- Up to 2 movie tickets per month can be discounted by Rs. 100 through BookMyShow, allowing you to save up to Rs. 2,400 annually.
- Minimum 15% discount on dining under the ICICI bank culinary treats program at over 2,500 participating restaurants.
Conclusion
With great benefits on fuel purchases, the ICICI Bank HPCL Platinum credit card provides you with an excellent opportunity to save on all your retail spending. One of its greatest key features is its joining and annual fee, both of which are just Rs. 199. Even this nominal annual fee can be waived if Rs. 50,000 is spent in the previous year. Keeping its benefits in mind, it can be a good choice to have the ICICI HPCL Platinum credit card as it allows you to save on your spending across several categories. However, it will be most advantageous for people who have to make fuel purchases very often. So, if you are looking for such a card with fuel benefits & more, choosing an ICICI Bank HPCL Platinum credit card will be a good decision for you.
FAQs:
1. Would I get 2.5% cashback on all fuel stations through the ICICI Bank HPCL Platinum credit card ?
2. What is the cash advance charge on this card ?
3. Does this card provide any insurance ?
4. Does the ICICI Bank HPCL Platinum credit card provide any dining offers?
5. Does the card offer annual fee waiver?